Economy

Laos Considers VAT Exemption to Subsidize Electricity for Low-Income Households

Laos’ National Assembly (NA) is considering a proposal to exempt subsidized residential electricity from Value-Added Tax (VAT) as the government looks for ways to ease living costs for low-income households. The Standing Committee raised the proposal during its monthly meeting on 6-7 August. According to the NA, the VAT exemption would...

Oudomxay Seeks More Railway Services to Boost Investment

Authorities in Oudomxay Province, northern Laos, have announced plans to expand railway services and...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao State Fuel Enterprise Posts 70 Percent Profit Surge in 2025, Eyes Stock Market Listing

The Lao state-owned Lao State Fuel Company (LSFC) reported a sharp rise in profits...

Naphao Customs Exceeds Annual Target on Mining Debt Repayments, Trade Growth

Naphao International Border Checkpoint in Khammouane Province collected more than LAK 669.5 billion (USD...

UNICEF Visits Xieng Khouang to Kick Off 50th Anniversary Celebrations

UNICEF Laos celebrated its 50th anniversary with delegations visiting Xieng Khouang from Thursday to Saturday last week, to see the significant progress made for...

Motorists in Laos Urged to Pay Road Tax by September

The Ministry of Finance has advised residents across the country to pay their road taxes by September this year. The ministry has issued a notice...

FAO and Private Sector Come Together to Promote Sustainable Agriculture in Laos

The Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Agriculture and Forestry organized the National Forum on Investment in...

7-Eleven Convenience Stores to Start Operations in Laos This Year

Thailand’s CP ALL Public Company plans to launch 7-Eleven convenience franchise stores in Laos by mid-2023. CP ALL Laos, a subsidiary of Thailand's CP ALL...

Laos All Set to Host Asean Tourism Forum 2024

The ASEAN Tourism Forum (ATF) will be held in Laos next year and the event will focus on aspects like sustainability, digitalization, and labor...

Authorities to Clear Commercial Area for Tourism Spot in Vang Vieng

On Wednesday, the Vang Vieng government issued a notice directing stalls at a commercial area near the old airport to vacate the premises to...